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<br />Grantor will immediately notify Lender of cancellation or termination of insurance. If Grantor fails to keep the
<br />Property insured, Lender may obtain insurance to protect Lender's interest in the Property and Grantor will pay
<br />for t~le insurance on Lender's demand. Lender may demand that Grantor pay for the insurance all at once, or
<br />Lender may add the insurance premiums to the balance of the Secured Debts and charge interest on it at the
<br />rate that applies to the Secured Debts. This insurance may include coverages not originally required of Grantor,
<br />may be written by a company other than one Grantor would choose, and may be written at a higher rate than
<br />Grantor could obtain if Grantor purchased the insurance. Grantor acknowledges and agrees that Lender or one
<br />of Lender's affiliates may receive commissions on the purchase of this insurance.
<br />19. ESCROW FOR TAXES AND INSURANCE. Grantor will not be required to pay to Lender funds for taxes and
<br />insurance in escrow.
<br />20. CO-SIGNERS. If Grantor signs this Security Instrument but is not otherwise obligated to pay the Secured
<br />Debts, Grantor does so only to convey Grantor's interest in the Property to secure payment of the Secured
<br />Debts and Grantor does not agree by signing this Security Instrument to be personally liable on the Secured
<br />Debts. If this Security Instrument secures a guaranty between Lender and Grantor, Grantor agrees to waive any
<br />rights that may prevent Lender from bringing any action or claim against Grantor or any party indebted under
<br />the obligation. These rights may include, but are not limited to, any anti-deficiency or one-action laws.
<br />21. SUCCESSOR TRUSTEE. Lender, at Lender's option, may from time to time remove Trustee and appoint a
<br />successor without any other formality than the designation in writing. The successor trustee, without
<br />conveyance of the Property, will succeed to all the title, power and duties conferred upon Trustee by this
<br />Security Instrument and applicable law.
<br />22. APPLICABLE LAW. This Security Instrument is governed by the laws of Nebraska, the United States of
<br />America, and to the extent required, by the laws of the jurisdiction where the Property is located, except to the
<br />extent such state laws are preempted by federal law .
<br />23. JOINT AND INDIVIDUAL LIABILITY AND SUCCESSORS. Each Grantor's obligations under this Security
<br />Instrument are independent of the obligations of any other Grantor. Lender may sue each Grantor individually or
<br />together with any other Grantor. Lender may release any part of the Property and Grantor will still be obligated
<br />under this Security Instrument for the remaining Property. Grantor agrees that Lender and any party to this
<br />Security Instrument may extend, modify or make any change in the terms of this Security Instrument or any
<br />evidence of debt without Grantor's consent. Such a change will not release Grantor from the terms of this
<br />Security Instrument. The duties and benefits of this Security Instrument will bind and benefit the successors
<br />and assigns of Lender and Grantor.
<br />24. AMENDMENT, INTEGRATION AND SEVERABILITY. This Security Instrument may not be amended or
<br />modified by oral agreement. No amendment or modification of this Security Instrument is effective unless made
<br />in writing and executed by Grantor and Lender. This Security Instrument and any other documents relating to
<br />the Secured Debts are the complete and final expression of the agreement. If any provision of this Security
<br />Instrument is unenforceable, then the unenforceable provision will be severed and the remaining provisions will
<br />still be enforceable.
<br />25. INTERPRETATION. Whenever used, the singular includes the plural and the plural includes the singular.
<br />The section headings are for convenience only and are not to be used to interpret or define the terms of this
<br />Security Instrument.
<br />26. NOTICE, FINANCIAL REPORTS, ADDITIONAL DOCUMENTS AND RECORDING TAXES. Unless otherwise
<br />required by law, any notice will be given by delivering it or mailing it by first class mail to the appropriate
<br />party's address listed in the DATE AND PARTIES section, or to any other address designated in writing. Notice
<br />to one Grantor will be deemed to be notice to all Grantors. Grantor will inform Lender in writing of any change
<br />in Grantor's name, address or other application information. Grantor will provide Lender any financial
<br />statements or information Lender requests. All financial statements and information Grantor gives Lender will
<br />be correct and complete. Grantor agrees to pay all expenses, charges and taxes in connection with the
<br />preparation and recording of this Security Instrument. Grantor agrees to sign, deliver, and file any additional
<br />documents or certifications that Lender may consider necessary to perfect, continue, and preserve Grantor's
<br />obligations under this Security Instrument and to confirm Lender's lien status on any Property, and Grantor
<br />agrees to pay all expenses, charges and taxes in connection with the preparation and recording thereof. Time is
<br />of the essence.
<br />
<br />
<br />in this Security Instrument.
<br />
<br />Nancy L E
<br />Individually
<br />LENDER:
<br />Platte Valle
<br />By
<br />Kris
<br />
<br />......',"'lI'Il" ~(:'!,;;[~~;,;:J4~.,..,'" ~,,,.,~.,':""~,ro:--1\,_~ J.~""""'IlIIIVI ~.~'.~1~.IlIT!J.1A''1r~~.:';jlj~.,,'~;;;~,
<br />
<br />.... "'T-''':'~.'I'!~~'_,
<br />
<br />
<br />Oscar DErives
<br />Nebraska Deed Of Trust
<br />NE/4XX2B4240009371000051B7015071106Y
<br />
<br />@1996 Bankers Systems, Inc" St, Cloud, MN ~
<br />
<br />Initials
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